US stocks open higher as earnings season kicks off

Stocks opened higher Wednesday, one day after aluminum producer Alcoa kicked off the quarterly earnings season with a report that met expectations.

Five minutes into trade, the Dow Jones Industrial Average was up 33.55 points (0.25 percent) at 13,362.40.

The broad-based S&P 500 rose 4.26 (0.29 percent) to 1,461.41, while the tech-heavy Nasdaq Composite gained 7.62 (0.25 percent) at 3,099.43.

Alcoa, considered an economic bellwether because of its role in industrial production, posted an in-line profit of $0.06 per share after trade closed Tuesday.

Briefing analyst Patrick O'Hare said the market may take a "wait-and-see" approach Wednesday as it awaits a Thursday meeting of the European Central Bank and public comments from Federal Reserve officials.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.4165+0.0002+0.01%
    USDSGD=X
    1.5803+0.0052+0.33%
    EURSGD=X
    2.1595-0.0008-0.04%
    GBPSGD=X
    84.0909-0.6999-0.83%
    SGDJPY=X
    5.47240.000.00%
    SGDHKD=X
    3.0066+0.013+0.44%
    SGDMYR=X
    9,990.1836-110.4717-1.09%
    SGDIDR=X
    4.4867-0.0012-0.03%
    SGDCNY=X
    0.9898-0.0032-0.33%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,122.10-2.40-0.21%
    GCZ15.CMX
    14.66-0.05-0.32%
    SIZ15.CMX
    45.62-0.61-1.31%
    ^XAU
    2.35-0.04-1.57%
    HGZ15.CMX
    46.55-0.20-0.43%
    CLV15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.49-0.03
    ^FVX
    2.17-0.03
    ^TNX
    2.95-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.130.00-1.52%
    5DN.SI
    0.32+0.01+3.23%
    5WA.SI
    2.04-0.09-4.23%
    MC0.SI
    0.148-0.004-2.63%
    F13.SI
    3.69-0.01-0.27%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.128+0.016+14.29%
    40U.SI
    0.29+0.03+11.54%
    AYD.SI
    0.33+0.03+10.00%
    MV4.SI
    1.25+0.10+8.70%
    AYB.SI
    0.38+0.03+8.57%
    IX2.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.32-0.13-28.89%
    K1Q.SI
    0.161-0.044-21.46%
    L02.SI
    7.40-1.60-17.78%
    S07.SI
    0.245-0.025-9.26%
    S71.SI
    0.109-0.010-8.40%
    5I3.SI